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☆ 5 reasons BYD is surging ahead after eclipsing Tesla's quarterly sales for the first time
▼ + stars: | 2024-11-01 | by ( Tom Carter | ) www.businessinsider.com time to read: +5 min

The Chinese EV giant said in its third-quarter earnings on Wednesday it had surpassed Tesla's revenues from EV sales for the first time. Executives have said they want half of BYD's sales to come from abroad in the future. Unlike its rival, Tesla, BYD also offers a selection of hybrid vehicles, which are popular in China. Some 311,000 of the 500,000 passenger vehicles BYD sold in October were hybrids, with hybrid sales rising by 62% year-on-year. JADE GAO/AFP via Getty ImagesBYD has sold nearly two million hybrid vehicles this year.

Persons: BYD, Elon Musk, —, Tesla, Elon, GAO, Dylan Khoo, Stella Li, MotorTrend, Axel Schmidt, David Bailey Organizations: EV, Service, BYD, Getty, Mercedes, BMW, China, ABI Research, University of Birmingham Locations: China, Costfoto, Mexico, Brazil, Americas

☆ JD Vance says pumping more oil will make housing cheaper. Economists say that's a stretch.
▼ + stars: | 2024-11-01 | by ( Eliza Relman | ) www.businessinsider.com time to read: +6 min

Both presidential campaigns have discussed ideas for cutting housing costs. Economists say lowering labor and building material costs is far more important to home building. Housing policy experts and economists disagree, saying lower energy costs would not significantly boost construction or make homes cheaper. Notably, under the Biden administration, the US has produced and exported more crude oil than ever before in the country's history, even as housing costs have soared. AdvertisementLabor costs and cutting red tape are also keyLabor costs are generally growing as a portion of overall construction costs, Basu said.

Persons: JD Vance, Trump, —, Donald Trump, Sen, Vance didn't, I'm, Anirban Basu, they're, Basu, Biden, Andrew Justus, Justus, might've, Vance, Nolan Gray, they'll, hasn't, Kamala Harris Organizations: Service, Biden, Associated Builders and Contractors, Trump, Niskanen, Labor Locations: Nevada, California

CNN —In the closely watched battleground state of Michigan, election officials are under the microscope, with isolated mistakes or missteps serving as fodder for election deniers to lay the groundwork for widespread doubt of election results. Some of the confusion appears to have originated from a post on X by Matthew DePerno, one of the more high-profile election deniers in Michigan. DePerno has pleaded not guilty in the voting machines case. When it does happen, we take it extremely seriously,” Michigan Secretary of State Jocelyn Benson and Washtenaw County Prosecutor Eli Savit said in a statement. Despite the recent challenges, election officials in Michigan say they are confident that they are prepared to withstand efforts to undermine confidence in the results.

Persons: Lawrence Kestenbaum, “, Matthew DePerno, DePerno, Donald Trump, Lara Trump, Jocelyn Benson, ”, Ben Decker, Eli Savit, can’t, Kestenbaum, David Becker, Benson, Elon Musk, Dominion “, Joe Biden’s, ” he’s, ” Kestenbaum, Kylie Atwood Organizations: CNN, GOP, Republican National Committee, Democrat, Trump, Pundit, University of Michigan, Authorities, Department, Election Innovation, Research, Investigations, Michigan, Tech, Benson, The Michigan Department of State, of, “ Dominion, Dominion Locations: Michigan, Washtenaw County, Ann Arbor, of Michigan, Barry County , Michigan

☆ Local Arizona leaders concerned about immigration ahead of the election
▼ + stars: | 2024-11-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLocal Arizona leaders concerned about immigration ahead of the electionCNBC's Emily Wilkins joins 'Squawk on the Street' to discuss immigrations issues at stake in the upcoming election.

Persons: Emily Wilkins Organizations: Local Locations: Local Arizona

☆ Is this the deal to end Boeing’s crippling 7-week strike?
▼ + stars: | 2024-11-01 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +10 min

New York CNN —More than 30,000 Boeing workers will vote again Monday on whether or not to end a crippling seven-week strike. The deal is not significantly different from an offer rejected by nearly two-thirds of membership just over a week ago. And it happened 10 years ago at Boeing, when about two-thirds of members rejected an offer that ended the pension plan. Despite its many problems, Boeing is a major force in America economy, and it is the largest American exporter. Ending the strike is important for Boeing’s new CEO, Kelly Ortberg, who started in the job just five weeks before the strike began.

Persons: it’s, ”, “, John Deere, “ It’s, Brandon Felton, we’ve, Jon Holden, haven’t, ” Holden, you’ve, ’, hasn’t, Lindsey Wasson, Holden, What’s, Max fuselages, David Ryder, they’ve, Kelly Ortberg, Ortberg, “ Ortberg Organizations: New, New York CNN, Boeing, International Association of Machinists, Labor, ” Union, United Auto Workers, CNN, IAM, ”, Anderson Economic Group, Anderson, Reuters, Alaska Airlines Locations: New York, Michigan, Seattle, America

☆ Serbia: Eight killed after railway station roof collapses in Serbia
▼ + stars: | 2024-11-01 | by ( Sophie Tanno | Stephanie Halasz | ) edition.cnn.com time to read: +1 min

CNN —Eight people were killed in the Serbian town of Novi Sad on Friday when the roof of a railway station collapsed, according to the country’s interior minister. Rescuers were at the scene of the accident within minutes of an emergency call being made, according to Dacic. APSerbia’s Prime Minister, Milos Vucevic, offered his condolences to families of victims affected by the incident, while thanking first responders. According to CNN affiliate N1, the railway station’s roof was renovated in 2021. More renovation work took place months later, and the building was officially reopened on July 5 this year.

Persons: Ivica Dacic, ”, Milos Vucevic Organizations: CNN, Ministry, Serbia’s Locations: Serbian, Novi Sad

☆ Bank of Japan likely to stay course with a rate hike in December or January, analysts say
▼ + stars: | 2024-11-01 | by ( Lin Lin | ) www.cnbc.com time to read: +4 min

After a messy election, the Bank of Japan decided to hold its benchmark policy rate at 0.25%, as expected. These outlook risks highlight that the timing of the next BOJ rate hike could depend heavily on developments overseas, as well as the exchange rate and its impact on the Japanese economy, Otani added. He added that it would surpass the 13 trillion yen ($84.6 billion) allocated in last year's supplementary budget. When Ishiba returns, he is expected to hold an extraordinary Diet session, during which he hopes to pass the supplementary budget plan, according to local news. Then I would probably rule out a rate hike in December, because that would create a lot of uncertainty about the fiscal situation."

Persons: Kazuo Ueda, Stefan Angrick, Angrick, Akira Otani, Goldman Sachs, Otani, Marcel Thieliant, Shigeru Ishiba, Ishibia, Ishiba, Thieliant Organizations: Japan, Bank of Japan, Moody's, Liberal Democratic Party, Asia Pacific, Capital Economics, CNBC, Democratic Party Locations: Tokyo, Japan, Brazil

New York Attorney General Letitia James speaks during a press conference at the Office of the Attorney General in New York on February 16, 2024. With four days until the presidential election, U.S. government officials are cautioning against reliance on artificial intelligence chatbots for voting-related information. "Study after study has shown examples of AI chatbots hallucinating information about polling locations, accessibility of voting and permissible ways to cast your vote." "We agree with the NY Attorney General that voters should consult official channels to understand where, when, and how to vote," an Anthropic spokesperson told CNBC. "For specific election and voting information, we direct users to authoritative sources as Claude is not trained frequently enough to provide real-time information about specific elections."

Persons: Letitia James, Donald Trump, Kamala Harris, James, It's, Alexandra Reeve Givens, chatbots, Claude, OpenAI, ChatGPT, it's Organizations: New, New York, Republican, Democratic, Center for Democracy & Technology, CNBC, Google, NY Locations: New York, U.S, Mistral

☆ Fort Leonard Wood, Missouri: Soldier charged with murder after sergeant found dead in dumpster
▼ + stars: | 2024-11-01 | by ( Michelle Watson | Dalia Faheid | ) edition.cnn.com time to read: +3 min

CNN —A 21-year-old soldier stationed in Fort Leonard Wood, Missouri, has been charged with murder in the death of a sergeant whose body was found in a dumpster on the military base after she disappeared. Rancy is in pretrial confinement awaiting a preliminary hearing, a Thursday news release from Fort Leonard Wood said. Fort Leonard Wood is about 140 miles southwest of St. Louis. Beck said at a news conference last week that the Fort Leonard Wood community is “devastated” by the tragic loss. She enlisted in 2020 and attended basic combat training at Fort Leonard Wood, the release added.

Persons: Fort Leonard Wood, Wooster Rancy, Sarah Roque, Rancy, Roque, Leonard Wood, Louis, Christopher Beck, Fort Leonard Wood’s, Beck, ” Beck, ” Rancy, “ Sergeant Roque, “, ” Organizations: CNN, Spc, 5th, Battalion, Military, Fort, Department of Army Criminal Investigation Division, Army, K9, 5th Engineer Battalion, National Defense Service, Army Service Locations: Fort, Fort Leonard Wood , Missouri, St, ”, North Miami , Florida, Roque, Lubbock , Texas, Indiana

Companies beat expectations, with some boosted by large cloud growth. AdvertisementThe tech giants Meta, Alphabet, Amazon, Apple, and Microsoft reported earnings this week, and investors were laser-focused on the results of AI investments. Cloud is kingMicrosoft, Alphabet, and Amazon saw significant growth in their cloud businesses, fueled by increased demand. Jeremy Goldman, EMARKETER's senior director of briefings, told BI that Microsoft's cloud business had decelerated from the "breakneck pace" of previous quarters. Related storiesWhile Google reported stronger cloud growth, Microsoft still leads it in cloud market share, and both are behind Amazon Web Services.

Persons: —, Kate Leaman, Jeremy Goldman, EMARKETER's, Amy Hood, Dan Romanoff, Andy Jassy, Tracy Woo, Forrester, AWS's, Jassy, Rufus, Sundar Pichai, Pichai, Mark Zuckerberg, Hood, Michael Field, Jaejune Kim, Lisa Su, we've Organizations: Apple, Companies, Service, Microsoft, Amazon, Morningstar, Google, Amazon Web, Amazon Web Services, Investment, Big Tech, Bank of America Securities, Meta, Nvidia, SK Hynix, Samsung, AMD, Services

☆ Walking pneumonia is spreading. Doctors share the tell-tale symptoms to look for, and varied ways to treat it.
▼ + stars: | 2024-11-01 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +6 min

Walking pneumonia infections rose nationwide as kids returned to school this fall. Look out for a persistent cough, fever, and fatigueHistorically, walking pneumonia has been most common among school-aged children. People who've recently had the flu are also at increased risk for developing walking pneumonia. In rare cases, walking pneumonia can prompt brain swelling, kidney issues, and difficulty breathing, and people with lung issues, and weakened immune systems may be especially at risk of hospitalization with walking pneumonia. Without any testing, the daughter was diagnosed with walking pneumonia, and prescribed a Z-Pak (azithromycin).

Persons: —, Dr, Elizabeth Schlaudecker, pneumoniae, Russell Migita, Migita, we're, who've, Amoxicillin, Gerard Bottino, Schlaudecker Organizations: Service, Cincinnati Children's Hospital, Seattle Children's Hospital, CDC, Getty Images Locations: Cincinnati, Seattle

☆ How the cost of childcare is expected to change under Trump or Harris
▼ + stars: | 2024-11-01 | by ( Allie Kelly | ) www.businessinsider.com time to read: +6 min

Former President Donald Trump and Vice President Kamala Harris have both talked about the importance of making childcare more affordable. Below are three elements of the childcare equation and what the Harris and the Trump camps have either proposed or already done. Child tax creditsTrump and Harris have both proposed expanding the child tax credit, which currently provides up to $2,000 per child. Harris' child tax credit policy would restore the enhanced pandemic-era credit, giving parents up to $3,600 annually per child, with the amount dependent on a child's age and family income. The US's pandemic-era child tax credit expired at the end of 2021 because Republicans in Congress opposed it.

Persons: Harris, Trump, —, Donald Trump, Kamala Harris, Joe Biden's, Grant —, Anne Hedgepeth, Cindy Lehnhoff, Vance, hasn't Organizations: Service, Business, Child Care, Child Care Association, Budget

☆ Apple's China headache isn't going away anytime soon
▼ + stars: | 2024-11-01 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Greater China is a key market for Apple, with new AI features expected to roll out in April. It also rolled out its highly-anticipated Apple Intelligence software in the US in English on Monday. While consumers may be buying the newest iPhones in Greater China, they'll have to wait until April for Apple Intelligence to launch in Chinese, however. However, competition is stiff, and Apple Intelligence still needs time to prove itself. It'll take months to know for certain if AI can move the needle for Apple in Greater China.

Persons: Apple, —, Tim Cook, Jacob Bourne, It'll Organizations: Apple, Baidu, Service, Apple Intelligence, Huawei, Xiaomi, Business, Wedbush Securities Locations: Greater China, China, EMARKETER

☆ For first time in six decades, freight rails split on union negotiation strategy
▼ + stars: | 2024-11-01 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +8 min

He added, "Votes of union workers in the United States against tentative agreements tend to reflect the white-hot anger of union employees against their employers. Tentative agreements are their only chance for them to express their frustration with their employer and their anger at the way they have been treated." A BNSF spokesperson said it is planning to attend the formal national labor negotiations even as it has announced nine tentative union agreements, five of which have already been ratified. It also has tentative agreements with the International Brotherhood of Electrical Workers (IBEW), SMART-TD, SMART-TD-YDM (Yardmasters Department), the International Brotherhood of Boilermakers, and Iron Ship Builders (IBB). To date, Norfolk Southern has reached tentative agreements with 10 of its 13 unions, covering approximately 67% of its craft workforce.

Persons: Berkshire Hathaway, Jeremy Ferguson, Ferguson, Joe Biden, Richard Edelman, Mooney, Green, Murphy, Welch, Daniel Imbro, Stephen, Brotherhood of Railway Carmen, we've, Mark George, Imbro, it's Organizations: Union Pacific, CSX, BNSF, Canadian Pacific, Canadian Pacific Kansas City —, SMART, Railway Labor, National Carriers ' Conference Committee, Railroads, NSC, National Conference of Firemen, Oilers, Tran, Transportation Communications Union, TCU, Brotherhood of Railway, International Brotherhood of Electrical Workers, Yardmasters Department, International Brotherhood of Boilermakers, Iron Ship Builders, Norfolk, Norfolk Southern, National Carriers ' Locations: Southern, Berkshire, Canadian Pacific Kansas, United States, Norfolk Southern, Norfolk

☆ Analysis: Donald Trump’s campaign of relentless lying
▼ + stars: | 2024-11-01 | by ( Daniel Dale | ) edition.cnn.com time to read: +9 min

Washington CNN —The United States that Donald Trump describes in his rally speeches would be pretty bad if it actually existed. For the third consecutive presidential election, the Republican presidential nominee is running a relentlessly dishonest campaign for the world’s most powerful office. President Joe Biden, Trump’s initial opponent in this election, and Harris, Trump’s current opponent, certainly don’t. Nine years into Trump’s political career, daily fact-checking still isn’t happening enough. No matter what CNN writes, no matter how many “Pinocchios” The Washington Post awards him, he knows that far more of his supporters will hear the uncorrected false claim – through social media, pro-Trump media outlets and, yes, even many mainstream media outlets – than hear the truth.

Persons: Donald Trump, Trump, “ Donald Trump, ”, Timothy Naftali, Richard Nixon, –, “ He’s, ” Naftali, Kamala Harris, Harris, Hillary Clinton, Vladimir Putin, Harris ’, Putin, There’s, Oprah, Joe Biden, Trump’s, Biden, I’ve, doesn’t, “ Organizations: Washington CNN, Republican, CNN, Columbia University, Federal Emergency Management, Democratic, Trump, Democrat, Washington Post Locations: United States, an Ohio, Congo, Iraq, Ukraine, Michigan

☆ I live in Valencia, Spain, where flooding has taken over 100 lives. I can hardly believe what's happened here.
▼ + stars: | 2024-11-01 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +5 min

Jesús Lucero Ezquerro, who lives in Valencia, was in disbelief when he saw the damage from floods. AdvertisementThis as-told-to essay is based on a conversation with Jesús Lucero Ezquerro, 28, who lives in the Poblats Marítims district of Valencia, Spain. AdvertisementCars were on top of each other, says Jesús Lucero Ezquerro, as he discovered the damage left by the storm in Valencia. Jesús Lucero Ezquerro said he and his friends helped clear the streets of Valencia. Courtesy of Jesús Lucero EzquerroLeft behindI am frustrated and angry.

Persons: Jesús Lucero Ezquerro, Ezquerro, —, I've, Jesús Lucero, Milton, Hurricane Milton, it's Organizations: Service, Hurricane Milton, Hurricane, Spanish Meteorological Agency Locations: Valencia, Marítims, Spain, Florida, Tampa

☆ 54-year-old lost her kids' $60,000 college fund by spending it on her side hustle—how she got it back, and more
▼ + stars: | 2024-11-01 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

Kim Vaccarella was so confident in her business idea that she emptied her children's $60,000 college fund to bring it to life. Today, Vaccarella, 54, is the CEO and founder of Secaucus, New Jersey-based Bogg Bag, a waterproof tote bag-maker on track to top $100 million in annual sales this year, she says. But in 2008, she was a mom of two with an idea for a more practical beach bag. Two years later, Vaccarella's company brought in more than $1 million in annual sales, she recently told Entrepreneur, and she quit her job to run Bogg Bag full time. The sturdy, easily washable bags went viral on TikTok and Instagram earlier this year, contributing to another significant boost in sales.

Persons: Kim Vaccarella, —, Vaccarella, ″ Organizations: CNBC, U.S . Locations: Vaccarella, Secaucus , New Jersey, U.S, U.S . East Coast, Hurricane, China

☆ ‘I’m unable to respond:’ What it’s like to live with narcolepsy
▼ + stars: | 2024-11-01 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +9 min

“What’s scary and embarrassing is that I can see people come to help me, but I’m unable to respond.”Horsnell has narcolepsy, a sleep disorder that makes it hard to stay awake for long periods. In fact, it’s estimated that only 25% of people who have narcolepsy are diagnosed and receive treatment, according to the Narcolepsy Network. “But the terrifying thing was, I’m lying in a puddle of my sweat and I’m hearing everybody whisper, ‘Is he OK? Horsnell’s experience with narcolepsy hallucinations, however, is quite different. As a trained speaker for Project Sleep’s Rising Voices of Narcolepsy leadership program, he visited the White House in 2023 to raise awareness about narcolepsy and sleep disorders.

Persons: Matthew Horsnell, ”, Horsnell, “, ” Horsnell, Jennifer Mundt, Mundt, ” Mundt, “ There’s, aren’t, orexin, Heather Lill, it’s Organizations: CNN, Northwestern University’s Feinberg School of Medicine, Narcolepsy, cataplexy, “, Narcolepsy Network, Scientists, US Food and Drug Administration, Society, Behavioral Sleep, Sleep Research Society, American Academy of Cardiovascular Sleep, White House Locations: Chicago, United States

☆ What daylight-saving time does to your body and brain
▼ + stars: | 2024-11-01 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +8 min

AdvertisementSummer is over, and this Sunday it's time to turn back the clocks, ending daylight-saving time for the year. "That's how fragile and susceptible your body is to even just one hour of lost sleep," sleep expert Matthew Walker, author of "How We Sleep," previously told Business Insider. Some lawmakers want permanent DST — others want standard time year-roundThe political debate over DST is fierce, unscientific, and deeply divided. In the 2018 midterms, voters opted to get rid of the annual clock change, to be in permanent daylight-saving time. Switching to permanent DST requires a green light from Congress, but states do not need federal approval to switch to permanent standard time.

Persons: —, it's, Matthew Walker ,, That's, GOP Sen, Marco Rubio, Rubio, Akinbolaji Organizations: Service, American Medical Association, DST, Sleep Research Society, National Conference of State Legislatures, Protection, GOP, Senate, University of Minnesota Medical School Locations: Germany, Europe, Hawaii, Arizona, Indiana, Finland, California

☆ Thousands of ballots are at stake as the Supreme Court considers Pennsylvania voting rules
▼ + stars: | 2024-10-31 | by ( Marc Meredith | Michael Morse | Marc Meredith Is A Professor Of Political Science At The University Of Pennsylvania | ) www.nbcnews.com time to read: +10 min

Together, Pennsylvania’s mail ballot rules have generated an entire vocabulary for rejected mail ballots — ballots that are unsigned, undated or misdated, or even “naked,” if they are not clothed in a secrecy envelope. The latest update from Oct. 31 — after the general statewide deadline to request a mail ballot — shows there were 2,193,578 mail ballot applications ever approved. Combined with the deficient returned ballots that we already know about referenced above, that comes to about 8,000 deficient mail ballots that have been returned to date. Although this general election will likely see more mail ballots returned than the previous midterm, the trend so far suggests we might have fewer mail ballots rejected. Moreover, the experience in 2022 suggests there will also be thousands of provisional ballots cast by voters who return deficient mail ballots.

Persons: — Organizations: U.S, Supreme, NBC, Philadelphia Board, Democratic, Senate Locations: Pennsylvania

☆ Biden hosts formal ceremony to celebrate federal support for Hispanic-serving institutions
▼ + stars: | 2024-10-31 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

President Joe Biden hosted a formal ceremony Wednesday to publicly celebrate his executive order establishing an initiative to increase funding for Hispanic-serving institutions and create a board of advisors on HSIs. Flores said the executive order shows a federal understanding of how crucial HSIs are to the future of the nation. The more than 500 HSIs in the U.S. and Puerto Rico serve more than 4.7 million students every year, according to federal data. Many students are low-income, and nearly a third are eligible for Pell grants, which are federal scholarships for students in need. “The president’s executive order will strengthen these critical institutions and build their capacity to provide economic mobility for all their students.”

Persons: Joe Biden, Education Miguel Cardona, Biden, Antonio R, Flores, ” Flores, Pell, ”, Neera Tanden Organizations: Census, Education, Hispanic Association of Colleges, Universities, House, Associated Press Locations: U.S, Puerto Rico, American

In an interview with popular podcaster Joe Rogan, Republican vice presidential nominee JD Vance suggested that he and Donald Trump can win the “normal gay guy vote” and that families with transgender children are looking for an edge in Ivy League college admissions. An early portion of the interview focused heavily on transgender people and transition-related medical care, which Vance described as “pharmaceutical conversion therapy” for gay people. “I mean that’s what to me is so crazy about some of the hyper-left-wing reaction,” Vance responded. “Well, I think I’m probably going to pick you, but I don’t know, and I’m not ready to make a decision,” Vance recalled Trump saying. “We’re sitting there watching, like, some stupid show, ‘Emily in Paris’ on Netflix or something,” Vance said, before catching himself.

Persons: Joe Rogan, Vance, Donald Trump, Trump, ” Vance, “, Rogan —, ”, Kamala Harris, Rogan, ” Rogan, I’ve, you’ve, “ I’ve, ” Trump, Butler, I’m, who’s, —, “ We’re, Emily Organizations: Ivy League, Harvard, Yale, Yale Law School, “, Human Rights, Trump, Republican, Netflix, Service Locations: Minneapolis, Toronto, Butler , Pennsylvania, Cincinnati , Ohio, Cincinnati, Paris

☆ Man charged in unprovoked beating of passenger on United flight
▼ + stars: | 2024-10-31 | by ( Pete Muntean | ) edition.cnn.com time to read: +1 min

CNN —United Airlines crew and passengers had to stop what court documents describe as an unprovoked beating of a man on a flight on Monday. United says the flight from San Francisco to Washington Dulles International Airport in Virginia “landed safely and was met by paramedics and local law enforcement.”Unruly passenger incidentsThe FBI is investigating the incident, the most recent case of an unruly passenger on a commercial flight to make headlines. The Federal Aviation Administration says airlines have reported more than 1,700 such incidents in 2024. “The FAA pursues legal enforcement action against any passenger who assaults, threatens, intimidates, or interferes with airline crewmembers, and can propose civil penalties up to $37,000 per violation,” the agency said in a statement. Court records show that Nelson is being represented by a public defender.

Persons: Everett Chad Nelson, “, ” Nelson, Nelson, United, Virginia “, Hannah Rabinowitz Organizations: CNN — United Airlines, ” United Airlines, Washington Dulles International, Federal Aviation Administration, FAA, CNN Locations: Nelson, San Francisco, Virginia

☆ Key inflation rate hits 2.1% in September, as expected, closing in on Fed target
▼ + stars: | 2024-10-31 | by ( Jeff Cox | Jeff Cox Is A Finance Editor With Cnbc.Com Where He Covers All Aspects Of The Markets | Monitors Coverage Of The Financial Markets | ) www.nbcnews.com time to read: +3 min

Inflation increased slightly in September and moved closer to the Federal Reserve’s target, according to a Commerce Department report Thursday. The personal consumption expenditures price index showed a seasonally adjusted 0.2% increase for the month, with the 12-month inflation rate at 2.1%, both in line with Dow Jones estimates. Fed officials target inflation at a 2% annual rate, a level it has not achieved since February 2021. The annual rate was 0.1 percentage point higher than forecast but the same as in August. Consumer spending rose 0.5%, topping the outlook by 0.1 percentage point.

Persons: Dow Jones Organizations: Commerce Department, Fed, Energy, Labor Department, of Labor Statistics

The early votes of new voters — voters who did not show up in 2020 — are of particular interest because they are votes that could change what happens in 2024 relative to the last presidential election. The data out of Pennsylvania shows large differences in the number of votes cast by new voters, both by party registration and by gender. More new voters are registered Democrats than Republicans, and new female voters are driving this partisan gap. The new male voters are only slightly more likely to be Democrats than Republicans, but among new female voters, Democrats outnumber Republicans nearly 2 to 1. But the Republican advantage in new Arizona voters so far is being driven largely by male voters.

Persons: —, Joe Biden, Donald Trump ., Biden, Kamala Harris, Josh Clinton Organizations: NBC, Democratic, Trump, don’t, Republicans, Biden, New, Democrats, Arizona voters Locations: Pennsylvania, Arizona, Arizona , Nevada , North Carolina, Georgia , Michigan, Wisconsin, Michigan, North Carolina, Nevada

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